KENKO Mayonnaise Co (TSE:2915) E10: 円154.41 (As of Mar. 2026)

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TSE:2915 KENKO Mayonnaise Co Ltd TSE:2915
83 GF Score
Price 円2,051.00
GF Value 円2,084.44
Valuation Fairly Valued
View Full Analysis

What is KENKO Mayonnaise Co E10?

KENKO Mayonnaise Co TSE:2915 +2.14% 83 E10 is 円154.41 as of Mar. 2026. GuruFocus rates TSE:2915 with a GF Score™ of 83/100 and a GF Value™ of 円2,084.44 (Fairly Valued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

KENKO Mayonnaise Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-4.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円154.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KENKO Mayonnaise Co's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 7.30% per year. During the past 5 years, the average E10 Growth Rate was 4.30% per year. During the past 10 years, the average E10 Growth Rate was 3.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of KENKO Mayonnaise Co was 8.10% per year. The lowest was -1.30% per year. And the median was 4.60% per year.

As of today (2026-08-14), KENKO Mayonnaise Co's current stock price is 円2051.00. KENKO Mayonnaise Co's E10 for the quarter that ended in Mar. 2026 was 円154.41. KENKO Mayonnaise Co's Shiller PE Ratio of today is 13.28.

During the past 13 years, the highest Shiller PE Ratio of KENKO Mayonnaise Co was 37.47. The lowest was 9.70. And the median was 14.12.


KENKO Mayonnaise Co  (TSE:2915) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

KENKO Mayonnaise Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2051.00/154.41
=13.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of KENKO Mayonnaise Co was 37.47. The lowest was 9.70. And the median was 14.12.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


KENKO Mayonnaise Co E10 Related Terms


KENKO Mayonnaise Co E10 Historical Data

* Premium members only.

The historical data trend for KENKO Mayonnaise Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KENKO Mayonnaise Co E10 Chart

KENKO Mayonnaise Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.21 124.45 134.81 149.14 154.41

KENKO Mayonnaise Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 146.76 146.52 154.38 154.41 0.00

TSE:2915 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, KENKO Mayonnaise Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KENKO Mayonnaise Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KENKO Mayonnaise Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KENKO Mayonnaise Co's Shiller PE Ratio falls into.


TSE:2915
83GF Score
KENKO Mayonnaise Co Ltd TSE:2915
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KENKO Mayonnaise Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, KENKO Mayonnaise Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-4.01/112.7000*112.7000
=-4.010

Current CPI (Mar. 2026) = 112.7000.

KENKO Mayonnaise Co Quarterly Data

per share eps CPI Adj_EPS
201606 55.560 98.100 63.829
201609 63.403 98.000 72.913
201612 58.470 98.400 66.967
201703 17.430 98.100 20.024
201706 40.950 98.500 46.853
201709 49.467 98.800 56.426
201712 54.810 99.400 62.144
201803 29.377 99.200 33.375
201806 31.930 99.200 36.275
201809 22.882 99.900 25.814
201812 32.169 99.700 36.364
201903 52.381 99.700 59.211
201906 31.890 99.800 36.012
201909 35.140 100.100 39.563
201912 36.721 100.500 41.179
202003 21.150 100.300 23.765
202006 -3.240 99.900 -3.655
202009 28.831 99.900 32.525
202012 42.912 99.300 48.703
202103 19.960 99.900 22.517
202106 16.740 99.500 18.961
202109 11.183 100.100 12.591
202112 26.410 100.100 29.734
202203 19.907 101.100 22.191
202206 15.000 101.800 16.606
202209 14.623 103.100 15.985
202212 -12.180 104.100 -13.186
202303 12.380 104.400 13.364
202306 8.830 105.200 9.460
202309 24.806 106.200 26.324
202312 68.750 106.800 72.548
202403 67.500 107.200 70.963
202406 76.860 108.200 80.057
202409 63.750 108.900 65.975
202412 62.390 110.700 63.517
202503 18.620 111.100 18.888
202506 37.540 111.700 37.876
202509 45.910 112.000 46.197
202512 119.550 113.000 119.233
202603 -4.010 112.700 -4.010

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of 円154.41 mean?
KENKO Mayonnaise Co (TSE:2915) has a E10 of 円154.41 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KENKO Mayonnaise Co and its competitors.
Is KENKO Mayonnaise Co's E10 too high?
KENKO Mayonnaise Co's current E10 is 円154.41. Overall, KENKO Mayonnaise Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's E10 compare to KHC and GIS?
KENKO Mayonnaise Co's E10 of 円154.41 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KENKO Mayonnaise Co and its competitors. KENKO Mayonnaise Co's current E10 is 円154.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,084.44, compared to a current price of 円2,051.00 — trading 1.6% below its estimated fair value. The current E10 is 円154.41. KENKO Mayonnaise Co's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For KENKO Mayonnaise Co (TSE:2915), the current E10 is 円154.41 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?

Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued. The current stock price of 円2,051.00 is trading 1.6% below its estimated GF Value™ of 円2,084.44. GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.

Key valuation signals for TSE:2915:

  • E10: 円154.41
  • GF Value™: 円2,084.44 vs. price of 円2,051.00 (1.6% below fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KENKO Mayonnaise Co Business Description

Address 3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
83GF Score

Get the complete analysis for TSE:2915

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,051.00
Price
円2,084.44
GF Value